Common use of Additional Interest on Eurodollar Rate Loans Clause in Contracts

Additional Interest on Eurodollar Rate Loans. Each Borrower shall pay to the Administrative Agent for the account of each Lender any costs actually incurred by such Lender with respect to Eurodollar Rate Loans made to such Borrower that are attributable to such Lender’s compliance with regulations of the Board requiring the maintenance of reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities. Such costs shall be paid to the Administrative Agent for the account of such Lender in the form of additional interest on the unpaid principal amount of each Eurodollar Rate Loan of such Lender made to such Borrower, from the date of such Eurodollar Rate Loan until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Eurodollar Rate Loan from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Eurodollar Rate Loan (but in no event earlier than five Business Days after the Borrower’s receipt of the certificate referred to in the last sentence of this Section 3.06). Such additional interest shall be determined by such Lender and notified to the applicable Borrower through the Administrative Agent. A certificate as to the amount of such additional interest and giving a reasonable explanation and calculation thereof shall be submitted to the applicable Borrower and the Administrative Agent by such Lender and shall be conclusive and binding for all purposes, absent manifest error.

Additional Interest on Eurodollar Rate Loans. Each The Borrower shall pay to the Administrative Agent for the account of each Lender Bank any costs actually incurred by such Lender Bank with respect to Eurodollar Rate Loans made to such Borrower that which are attributable to such Lender’s Bank's compliance with regulations of the Board of Governors of the Federal Reserve System requiring the maintenance of reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilitiesliabilities (as defined in Regulation D). Such costs shall be paid to the Administrative Agent for the account of such Lender Bank in the form of additional interest on the unpaid principal amount of each Eurodollar Rate Loan of such Lender made to such BorrowerBank, from the date of such Eurodollar Rate Loan until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Eurodollar Rate Loan from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Reserve Percentage of such Lender Loan for such Interest Period, payable on each date on which interest is payable on such Loan. A Bank that maintains actual reserves pursuant to Regulation D with respect to liabilities or assets consisting of or including Eurocurrency liabilities shall be entitled to the foregoing additional interest with respect to Eurodollar Rate Loan (but in no event earlier than five Business Days after the Borrower’s receipt of the certificate referred Loans without regard to in the last sentence of this Section 3.06)whether such Bank actually funded such Eurodollar Rate Loans through Eurocurrency liabilities. Such additional interest shall be determined by such Lender Bank and notified to the applicable Borrower through the Administrative Agent. A certificate as to the amount of such additional interest and giving a reasonable explanation and calculation thereof shall be interest, submitted to the applicable Borrower and the Administrative Agent by such Lender and Bank, shall be conclusive and binding for all purposes, absent manifest error, provided that the determination thereof shall have been made by such Bank in good faith.

Additional Interest on Eurodollar Rate Loans. Each Borrower The applicable Facility Borrowers shall pay to each Lender, so long as and to the Administrative Agent for the account of each Lender any costs actually incurred by extent such Lender with respect has incurred additional costs to fund Eurodollar Rate Loans made to such Borrower that are attributable to such Lender’s compliance with and Eurodollar Rate Segments because it is required under regulations of the Board requiring the maintenance of to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities. Such costs shall be paid to the Administrative Agent for the account of such Lender Liabilities (as defined in the form of Regulation D), additional interest on the unpaid principal amount of each Eurodollar Rate Loan or Eurodollar Rate Segment of such Lender made to such BorrowerLender, from the date of such Eurodollar Rate Loan or Eurodollar Rate Segment until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (ia) the Eurodollar Interbank Offered Rate for the applicable Interest Period for such Eurodollar Rate Loan or Eurodollar Rate Segment from (iib) the rate obtained by dividing such Eurodollar Interbank Offered Rate by a percentage equal to 100% minus the Eurodollar Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is otherwise payable on such Eurodollar Rate Loan (but in no event earlier than five Business Days after or Eurodollar Rate Segment. Such Lender shall as soon as practicable provide notice to the Borrower’s receipt Relevant Agent and each of the certificate referred to in the last sentence Facility Borrowers of this Section 3.06). Such additional interest shall be determined by such Lender and notified to the applicable Borrower through the Administrative Agent. A certificate as to the amount of any such additional interest and giving a reasonable explanation and calculation thereof shall be submitted to the applicable Borrower and the Administrative Agent by arising in connection with such Lender and Eurodollar Rate Loan or Eurodollar Rate Segment, which notice shall be conclusive and binding for all purposesbinding, absent manifest demonstrable error. A Lender that delivers a notice under this SECTION 7.6 shall promptly notify the Relevant Agent and each of the Facility Borrowers if the circumstances giving rise to such notice no longer exist.

Additional Interest on Eurodollar Rate Loans. Each The Borrower shall pay to the Administrative Agent for the account of each Lender any costs actually incurred by such Lender with respect to Eurodollar Rate Loans made to such Borrower that are attributable to such Lender’s 's compliance with regulations of the Board requiring the maintenance of reserves with respect to DC1 - 221047.18 liabilities or assets consisting of or including Eurocurrency Liabilities. Such costs shall be paid to the Administrative Agent for the account of such Lender in the form of additional interest on the unpaid principal amount of each Eurodollar Rate Loan of such Lender made to such BorrowerLender, from the date of such Eurodollar Rate Loan until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Eurodollar Rate Loan from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Eurodollar Rate Loan (but in no event earlier than five ten Business Days after the Borrower’s 's receipt of the certificate referred to in the last sentence of this Section 3.06). Such additional interest shall be determined by such Lender and notified to the applicable Borrower through the Administrative Agent. A certificate as to the amount of such additional interest and giving a reasonable explanation and calculation thereof shall be submitted to the applicable Borrower and the Administrative Agent by such Lender and shall be conclusive and binding for all purposes, absent manifest error.

Additional Interest on Eurodollar Rate Loans. Each Borrower shall pay to the Administrative Agent for the account of each Lender any costs actually incurred by such Lender with respect to Eurodollar Rate Loans made to such Borrower that are attributable to such Lender’s 's compliance with regulations of the Board requiring the maintenance of reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities. Such costs shall be paid to the Administrative Agent for the account of such Lender in the form of additional interest on the unpaid principal amount of each Eurodollar Rate Loan of such Lender made to such Borrower, from the date of such Eurodollar Rate Loan until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Eurodollar Rate Loan from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Eurodollar Rate Loan (but in no event earlier than five Business Days after the Borrower’s 's receipt of the certificate referred to in the last sentence of this Section 3.06). Such additional interest shall be determined by such Lender and notified to the applicable Borrower through the Administrative Agent. A certificate as to the amount of such additional interest and giving a reasonable explanation and calculation thereof shall be submitted to the applicable Borrower and the Administrative Agent by such Lender and shall be conclusive and binding for all purposes, absent manifest error.